Another question that one could ask is what will happen to intrastate crowdfunding when Title III is eventually approved? According to some investors, federal equity crowdfunding will not substitute completely intrastate crowdfunding. In fact, intrastate equity crowdfunding potentially is a good finance source for small businesses that have a strong tie with a specific area, such as coffee shops or restaurants. These kinds of offerings are of interested most likely only to investors who live in the same area. However, what will be the destiny of intrastate crowdfunding after federal rules are approved by the SEC it is something we can only find out with time.
Clark, P. (2014). State Lawmakers Are Getting on the Crowdfunding Bandwagon. Bloomberg Business Week.
Stangler, D. (2014). State Equity Crowdfunding Policies Hold Promise.
Wikipedia. Crowdfunding Exemption Movement.
Image credit to: Jim Bumgardner http://bit.ly/Ub2YUc
Born and raised in Milan, Italy, Irene is an International Business graduate, with a strong interest for innovative ideas that can simplify our lives.
During her studies, she co-founded an online community for sportspeople and worked in marketing positions at Ogilvy & Mather Advertising and at the European Business Angel Network, in Brussels. She is a passionate blogger about crowdfunding and the startup ecosystem.